Ayam tot many people are poor and no moolah, suddenly there is so many whale coming out to pump up every possible vehicle avaliable, this is the time full of opportunity, and it will only reward the one who took the first step, and the rest is history. And the one who reject to change will be forever blaming everything is BBB.

lel regardless who won erection property still UUU?

Even during economic recession e.g. 2008 in the U.S, there will still be people buying expensive cars, airports are packed during festive seasons, many people in shopping mall during weekend and holidays, 90% of employable adults are still in employment, etc.

until oversupply is fully consumed, price is on the down trend.

If gomen could control the economy to be always uuu, there won't be any economic recession.

the main issue with this country is disposable income has been stagnant or even drop for many years and the trend remain.
http://www.theedgemarkets.com/article/mala...ng-remains-poor


This post has been edited by icemanfx: Jul 4 2017, 12:07 AM

Now this is what ayam is so excited about in this moment
ayam should summon all the property flipper during the 2008
they prolly laughing all their way to the bank
Something very interesting happens after 2008, and it is coming again in this year, is this a coincidental? ayam can gladly conclude ayam has been waiting for this moment for so many years, it must be kambing

Excitement is one thing, all the way to the bank is another. With so many properties lying around unsold with ridiculous asking price and strict bank approval process, what most flippers can do is just hold their property.

My office colleague has 4 landed properties in Penang, every other day he'll tell everyone his properties worth millions, but until today nobody buys his property and he is 66 years old on contact and still working to serve the bank loan instead of laughing all the way there.

Infact they're few more uncles in the office too who everyday get together and discuss property here and there dreaming of becoming millionaires but then they already passed 55years old and still working renewing their contract with the company annually.

Pathetic and sad.

You sure they still working to pay off the loan or probably renew contract just to do some work and pass time?

only high rise mostly fall in prices a bit. For example previous 900k , now 850k for desperate sellers. But its still higher compared to its purchase price back then of 400k LOL.

Landed mostly still fixed in price and unlikely to go down in the near future

Kek....... wait for bubble........

The chances of bubble burst is so remote, if it does happen, I can assure you NOBODY will be laughing because it means the economy of a country could have severly collapsed to result in such bubble burst.

So many empty and unsold unit.. but still wanna sell at ridiculous price. So strong their jedi holding power.

Yes im sure, when i asked, he said he wants to give each of his daughter a house when they graduated. Like so lame answer kek. Cannot sell then say cannot sell la.

If unker need not make money, they would prefer to spend time at kopitium instead of working.

Singapore home prices fell in the quarter ended June, extending the drop in property values to a record 15th quarter as most measures to cool the market remain in place despite a slight easing in March.

https://www.bloomberg.com/news/articles/201...h-curbs-to-stay

As seen in singapore, property price drop won't have adverse effect on aggregate economy.

Price drop =/= bubble burst
Only huge free fall is bubble burst lah, minor price fall is merely market adjustment.

Property is illiquid, unlike commodities or stocks, price takes years to bottom.

Then it's just shrinking bubble, not bubble burst, shrinking bubble could be the result of central bank cooling off the market from developing into a potential bubble.......... The impact is very different, such gradual price drop does not adversely impact the economy too much. In case of true bubble burst, the whole market sentiment suddenly panic and price free fall, deeply impacting the overall economy and other business.

My own observation of the aftermatch of the fall of JPPTR, CYL and other money game that suck so much $$$ out of the local economy. The effect start to show here with ah long start putting up lelong notice on the house. The Merit lost of few million is nothing as those investor are loaded and can afford to lost their pocket money without effect but those poor chap. It different. The bubble is for low cost house now.

Lol... you and your legendary quote....

Property price free fall will occur if bank interest rate is over 10% p.a.

According to a wealth report, only 4% of adults in the kangkong land have over us$100k net worth. Rich people are fewer than most people thought. believe most of those joined jpptr, cyl, etc money game are wannabe, herd members; the poor remain poor and many middle class become the new poor.

Classic doesn't go out of fashion.

This post has been edited by icemanfx: Jul 4 2017, 01:56 PM

If jew are very insecured Ayam will advice jew to wait for the next ten years.
Mind jew Ayam always received calls from potential buyers, however Ayam never entertain them.

History will repeat itself.. After next few years people will complaint why never bought now while price is low... Those who wait will forever wait like missed the opportunity in 2008 when everyone claim crash but that is best time to enter market

By 2020 my Bro bearbearwong will laugh kau kau claim his right decision

Buy a good subsale now if found a dead chicken..

High commodity price, threat of worldwide recession, low interest rate and u.s fed qe of 2008 is unlikely to occur in 2020. In 2020, kv property price trend is likely near it's bottom.

This post has been edited by icemanfx: Jul 4 2017, 08:42 PM